A rare opportunity to acquire a fully occupied, income-generating fourplex offering immediate cash flow from day one. Each of the four units features a spacious 2-bedroom, 2-bathroom layout complete with a full appliance package — refrigerator, range/oven, microwave, dishwasher, and an in-unit washer/dryer — plus the convenience of a covered carport parking space. Location is everything, and this property delivers: situated close to public transit, Boise State University, the Boise Airport, and interstate access, it's perfectly positioned to attract strong, consistent tenant demand. Downtown Boise is less than four miles away, giving residents quick access to the city's best dining, entertainment, and nightlife. With all units leased and cash-flowing, this is a true turnkey investment — a well-located, low-maintenance addition to any income portfolio.
Active
$970,000
1521 W Alexandra Ln, Boise, ID 83705
8beds
8baths
3,800sqft
Quadruplex, Multi Family
Built in 2013
-- sqft lot
$940,500 Zestimate®
$255/sqft
$-- HOA
What's special
Covered carport parking spaceFull appliance package
- 30 days |
- 314 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Kim Christianson Cell:208-631-7905,
Silvercreek Realty Group,
Mike Brown 208-250-3444,
Silvercreek Realty Group
Source: IMLS,MLS#: 98994835
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Disposal (All Units), Stove/Range (All Units), Refrigerator (All Units), Washer/Dryer
- Laundry: In Unit
Features
- Unit 1 Baths: 2, Unit 2 Baths: 2, Unit 3 Baths: 2, Unit 4 Baths: 2
- Has basement: No
Interior area
- Total structure area: 3,800
- Total interior livable area: 3,800 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
- Has carport: Yes
Lot
- Size: 6,098 Square Feet
- Features: Small Lot 5999 SF, Irrigation, Sidewalks
Details
- Parcel number: R5292910070
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
Materials
- Frame
- Roof: Composition
Condition
- Year built: 2013
Utilities & green energy
- Gas: Unit 1 Separate Meter, Unit 2 Separate Meter, Unit 3 Separate Meter, Unit 4 Separate Meter
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Lloyd
Location
- Region: Boise
Financial & listing details
- Price per square foot: $255/sqft
- Tax assessed value: $886,900
- Annual tax amount: $8,186
- Date on market: 7/22/2026
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Total actual rent: 5675
Estimated market value
Zestimate®
$940,500
Estimated sales range
$893,000 - $988,000
Rent Zestimate®
$1,906/mo
Price history
Price history is unavailable.
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,023 -5% | $886,900 +0.3% |
| 2024 | $8,448 +12.5% | $884,100 -0.1% |
| 2023 | $7,507 +6.4% | $884,700 +2.3% |
| 2022 | $7,055 +2.1% | $864,600 +34.1% |
| 2021 | $6,910 -9.8% | $644,600 +10.8% |
| 2020 | $7,657 +5.7% | $582,000 +3.1% |
| 2019 | $7,247 +8.8% | $564,300 +18.2% |
| 2018 | $6,661 +121.5% | $477,300 +14.5% |
| 2017 | $3,007 | $416,800 +13.6% |
| 2016 | $3,007 | $366,900 +2.8% |
| 2015 | $3,007 | $356,900 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Vista
Nearby schools
GreatSchools rating
- 6/10Hawthorne Elementary SchoolGrades: PK-6Distance: 0.9 mi
- 3/10South Junior High SchoolGrades: 7-9Distance: 2 mi
- 7/10Borah Senior High SchoolGrades: 9-12Distance: 3.4 mi
Schools provided by the listing agent
- Elementary: Hawthorne
- Middle: South Boise Jr
- High: Borah
- District: Boise School District #1
Source: IMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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